Shares of Lennox International (NYSE:LII) fell 0.0% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share were up 305.36% over the past year to $2.27, which beat the estimate of $1.31.
Revenue of $930,500,000 rose by 28.56% year over year, which beat the estimate of $790,950,000.
Looking Ahead
Lennox International raised FY21 adjusted EPS guidance from $10.55-$11.15 to $11.40-$12.00.
The company also raised sales growth guidance from 4-8% to 7-11%.
How To Listen To The Conference Call
Date: Apr 26, 2021
Time: 09:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/c64tsqkn
Price Action
52-week high: $339.50
Company’s 52-week low was at $170.32
Price action over last quarter: Up 23.49%
Company Profile
Lennox International manufactures and distributes heating, ventilation, air conditioning, and refrigeration products to replacement (75% of sales) and new construction (25% of sales) markets. In fiscal 2020, residential HVAC was 65% of sales, commercial HVAC was 22%, and refrigeration accounted for the remaining 13% of sales. The company goes to market with multiple brands, but Lennox is the company’s flagship HVAC brand. The Texas-based company generates most of its sales in North America.
